Home

Hamel, IL Real Estate


According to census data in the year 2000 there were 243 housing units in Hamel. This represents a 8% growth from 225 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 243 were located in what is classified as a rural area.

Homeownership rate in Hamel is about 77.7%. Hamel's vacancy rate, including seasonal lodging, is about 4.1%. Average household size is 2.48 people.

The majority of houses, apartments or condos in Hamel were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.30%
Two Bedrooms36.20%
Three Bedrooms49.40%
Four Bedrooms9.90%
Five Bedrooms or more1.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1968
Median Value of occupied units$84,100
Median Price asked for vacant units$63,300

Rented Homes, Apartments and Condos

Average Household Size2.23
Median year structure was built1976

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.20%
Home Equity Loan4.70%
Simple Mortgage59.30%
Debt Free34.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.6%